This study provides a comparative analysis of Qarḍ financing models in the selected Islamic banks in the Organisation of Islamic Cooperation (OIC), focusing on Qarḍ practices in each bank. The study includes five Islamic banks; (A, B, C, D, and E). Each bank uses a specific mechanism for disbursing Qarḍ to clients, including directly through the bank or microfinance centres. Additionally, each bank has its financing sources for financing loans, which include shareholders, depositors, and non-permissible earnings. The study also addresses the purposes of Qarḍ financing in each bank, which include SMEs, commercial, people in need, and employees. Through the analysis of bank documents, reports, and expert interviews, this research highlights the similarities and differences in Qarḍ financing practices among the banks, offering insights into how these institutions contribute to financial inclusivity and social welfare. The findings reveal that while all the banks share a commitment to providing interest-free loans, the specific models and implementation strategies vary significantly, influencing the effectiveness and reach of Qarḍ financing within their respective communities. This study contributes to a deeper understanding of the role of Islamic banks in promoting ethical and inclusive financial practices through Qarḍ financing.